#1 out of 1100.00%
business2h ago
Kevin O'Leary says his huge data center will create 10,000 construction jobs. We looked at the numbers.
- Latest update lowers O'Leary's construction job projection to about 4,000 over 10–15 years.
- Permanent jobs are likely around 1,350, with potential to reach 2,000 in skilled trades and IT.
- Project Wonder Valley spans a portion of a 40,000-acre zone under Utah’s development authority.
- Local residents oppose the project due to water use, air quality, and transparency concerns.
- Tax breaks include rebates and incentives during a multi-decade negotiation with state authorities.
- O'Leary says job numbers are fluid and subject to project updates and current planning.
- No tenant has been secured yet; discussions with large tech companies are in early stages.
- USC research suggests permanent on-site staff will shrink after construction.
- The project aims to be located near a state zone and may leverage tax incentives to attract tenants.
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